Evening star. [volume] (Washington, D.C.) 1854-1972, 1887-08-13

Ives May Join Ward.

DISTRICT ATTORNEY MARITIME TALKS OF NvESTIGA-
TION AND CRIMINAL PROSECUTION.
District Attorney MARITIME, Of New York, thinks
there is need OF investigating the curious acts Of
Henry s. Ives. He said that ne was anxious to
discover whether Ives had been following In the
footsteps OF Ferdinand Ward. 1.-THE newspapers
have called my attention to Ives and his some
what peculiar methods OF doing, business" said
MI. MARITIME. "When reputable newspapers cease
a a. thnK tex nG wopd ness
convinced themselves must take action. have
decided to look into the operations OF Ives very
fully and II ind ne has done anything criminal
"Will the matter be placed before the grand
Jury OF this term?"
"They would not have time to examine it, as
they will be discharged next Tuesday, but viii
be in town and will investigate the facts very
fully"
watching Ives very closely in Mr. Marines absence
and on his return yesterday laid the matter before
his CHIEF ut may be difficult to obtain specific
charge against Ives, he said "but we will 20 fully
into his schemes and methods, which win result ii,
disclosing anything crooked or criminal in his
Ives was shown the statement in one of the
evening papers that he and his methods Of bust
ness were to be made the subject OF an investiga-
ruffied for the first time, and said: II have done
nothing to justify such statements. My books
and accounts are In the hands Of Mr.. Cromwell
are being investigated by o committee, the ap.
pointment OF which formally asked for" Mr.
Cromwell was next seen. He had not read the
article, but did SO, and then said: 81 have toe
much respect for the law and its officers to make
light OF any such statement, but think you will
find that there is nothing in 1T" When AlgernOn
S.Sullivan was asked whether Mr. Ives had done
anything TO make himself liable criminally he
said: Nothing that know Of"
THERE WAS A MEETING OF CREDITORS
friendly to Ives at the ONCE OF the Cincinnati
Hamilton and Dayton Company in the afternoon
at which Russell Sage c. C. Waite, Coomos OF Bos
ton, Judge Ramsey, W. G. Wattells VIM. Fellows
Morgan and both members OF the firm Of Cromwell
Sullivan were present, f0ur-hfths OF the cred.
1tors In all being represented. The assignee re
ported that serious efforts were being made with
substantial progress, looking to the paying on o
all secured Indebtedness Of Henry 8. Ives co.
and that syndicate had been formed with this
view; also. that the Cincinnati, Hamilton and
Dayton was working In the same connection, and
aiding In every way by the use OF itS own name
and credit. After some discussion, In which Mr
Russell Sage opposed the general view, resolution
was adopted recommending creditors holding secu.
rites to take no action at present. but TO give the
assignee reasonable time In which to provide fol
all claims. After the meeting was over the as
Egnee stated that the loans Of Won Holman and
August Belmont, amounting to $4,000 had beer
taken up by the syndicate, thus preventing the
sale Of the collateral as advertised Tor to-day The
report that the First National Bank OF Cincinnati
was creditor to Ives 4 Co. for $4,000 was 1
great exaggerati0n. The only loan OF the First
National Bank to Ives Co. $4,000 and Tor thi1
the bank has ample security.